- Coinolly : Crypto News & Updation

Defi Protocol Paxo Finance Rebrands to WeFi, Gears up for First Product Release

11Apr

By Alphonso BernierNo Comments

Press Release

Defi Protocol Paxo Finance Rebrands to WeFi, Gears up for First Product Release

Dubai / Apr 11,2023: Paxo Finance, a DeFi infrastructure startup announces its rebranding to WeFi as it prepares for the launch of its first major product release. WeFi, which stands for "We Finance," is a decentralized finance (DeFi) protocol that focuses on building products for the masses with a vision of inclusiveness and accessibility. WeFI is backed by funds like Cogitent Ventures, Big Brain capital, PHD Capital, Zebpay, China Polka, BMW Capital and others in their seed round. Under the new brand, WeFi will be built on the key pillars of omnichain, composable, permissionless & trustless, and technologies. The protocol aims to solve the fragmentation and user experience issues currently present in the DeFi space by bringing a more inclusive and easy-to-use DeFi experience to...

CryoSeed’s Cold Wallet Backup: A Time Capsule for Your Seed Phrase

10Apr

By Alphonso BernierNo Comments

Crypto, Press Release

CryoSeed’s Cold Wallet Backup: A Time Capsule for Your Seed Phrase

In today’s digital world, the security of one’s financial assets is of utmost importance. With the increasing number of cyber-attacks and data breaches, it is imperative that we take necessary measures to protect our valuable assets from falling into the wrong hands. Hardware wallets are uniquely positioned to provide a secure and reliable way to hold and manage digital assets without counterparty risk. However, a hardware wallet is only as secure as one’s personal backup and recovery plan. Hardware failure and other accidents are not uncommon and can lead to total loss of funds in the absence of a reliable backup. This is where ‘CryoSeed – Genesis’ comes into play. Featuring a sleek design and novel security features, CryoSeed’s metal seed phrase recovery solution is becoming the go...

New peer-to-peer chat application launches on the decentralized Streamr Network

9Mar

By Alphonso BernierNo Comments

Press Release

New peer-to-peer chat application launches on the decentralized Streamr Network

Zug, Switzerland — Streamr, a decentralized network for real-time data, recently launched the beta version of the chat.app, a new decentralized and serverless group and private chat instant messaging application. It offers a unique Web3 communication architecture. Chat rooms are actually streams on the Streamr Network with each connected participant forming part of a peer-to-peer mesh network for messages to flow through, without a centralised instance in between. This is unlike the chat apps that relyona central server. Henri Pihkala, Streamr Co-Founder and CEO “The Streamr Network offers an ideal opportunity to build decentralized communication and social media applications. For the Web3 communityt migrate from using Web2 messaging platforms, they need a protocol that’s fast and server...

Kiraverse and GameStop Collaborate to Bring Back Fan-Favorite Character Buck the Bunny as an Exclusive Playable Character in Kiraverse’s Open Beta

1Mar

By Alphonso BernierNo Comments

Press Release

Kiraverse and GameStop Collaborate to Bring Back Fan-Favorite Character Buck the Bunny as an Exclusive Playable Character in Kiraverse’s Open Beta

In a move that has thrilled gamers and collectors alike, Kiraverse has introduced GameStop's Buck the Bunny as an in-game playable character, selling out more than 2,000 exclusive skins released just days ago. And what's more exciting is this skin is already playable in Kiraverse's open beta that's taking place right now for users that own the collectible. Buck the Bunny was a fan favorite when he first appeared in GameStop decades ago, but he was removed from their roster due to concerns that some commercials or ads got a little too risqué. However, thanks to a collaboration between Kiraverse and GameStop, Buck has returned, much to the delight of fans. The Buck character was made available exclusively on GameStop's NFT platform and sold out quickly, as collectors and fans alike snapped...

Cardano’s Top NFT Marketplace, JPG Store, Announces Plans To Empower More Artists Globally

28Feb

By Alphonso BernierNo Comments

Press Release

Cardano’s Top NFT Marketplace, JPG Store, Announces Plans To Empower More Artists Globally

JPG Store improves its site’s language translations to provide easier access for international artists to create NFTs for a global community of buyers [ GLOBAL ] – February 28, 2023 – Today, JPG.Store announced the launch of Language Localization, a feature which improves the quality of the site’s translations for the benefit of its global community. This feature launch is part of a larger strategy aimed at providing the non-English speaking world with equal access to opportunity in the NFT economy. With the cost of minting an NFT on Cardano averaging less than $1, the JPG Team is excited for their language efforts to attract and support more creators globally, especially those previously priced out by blockchains with expensive gas fees. “We’re passionate about creating as much opp...

27Feb

By No Comments

Press Release

SpaceCatch Is an Augmented Reality (AR) Game With a Space Sci-fi Theme – BTC Heights

We are shortly when life on Earth is calm and peaceful. However, everything was disrupted by the unexpected arrival of alien ships that came to occupy Earth. Planet Earth was sold on an interstellar forum to an intelligent race that wants to use Earth as an incubator for the development of new carbon-based life together with the use of Earth’s healthy photosynthesis. However, the aliens encountered stiff resistance from the human race, which they did not expect. They didn’t expect the human race on planet Earth at all. These aliens came from the Dwingeloo 1 galaxy, approximately 9 million light-years away from us. They used wormholes to travel, which cut their travel time to a fraction. However, the problem was that the Earth they saw was 9 million years younger due to the tremendous dista...

7Feb

By No Comments

Press Release

UTB Bot Unveils a New Way to Leverage Automation and Cryptocurrencies – BTC Heights

United Telegram Bot (UTB) announced a new way for people to use automation and cryptocurrencies to leverage their online presence. With its innovative product, UTB Bot, users can now benefit from an ecosystem of features. This bot makes it easier than ever to manage cryptocurrencies through the Telegram app. The team introduced an AI-driven algorithm for monetizing traffic and a unique ladder system for creating prize pools. UTB Bot provides a comprehensive suite of tools for anyone looking to maximize their profits in the digital world. Introducing How UTB Bot Works UTB Bot proposes a way to make automated crypto management easier than ever. With its cutting-edge technology, users can easily manage their investments, track the performance of their portfolios, and withdraw profits. The UTB...

Multiplayer Browser – Stack Browser Announces Selling Lifetime Licenses as NFTs

5Sep

By Alphonso BernierNo Comments

Press Release

Multiplayer Browser – Stack Browser Announces Selling Lifetime Licenses as NFTs

Amsterdam, The Netherlands - Multiplayer browser for Collaboration - Stack Browser, is planning to sell lifetime licenses of its subscription as Non-fungible tokens. With this Stack Browser is becoming one of the first SaaS tools that is selling access to its premium version as the primary utility of an NFT. Stack Browser is an inherently collaborative spatial browser with a completely new design, look, and method for organizing and navigating the Internet! It comes with Multiplayer Rooms, which allows users to have friends, colleagues, and web content harmoniously organized in one space. Stack Browser NFT is the first project that provides access to the most important tool - the browser as its direct utility. “Unfortunately, most of the NFT projects today don’t have any utility a...

Calo Indoor : The First Burn To Earn GameFi Project In The World

29Aug

By Alphonso BernierNo Comments

Press Release

Calo Indoor : The First Burn To Earn GameFi Project In The World

On August 24, 2022, Calo Metaverse officially announced the project called Calo Indoor. This is the first GameFi project that leads the Burn To Earn trend. Calo Indoor focuses on building a system of indoor exercise activities which is applied AR technology. In early 2022, the Move To Earn trend emerged with hundreds of small projects following this trend. The slice of cake is divided too small, making it very easy to cheat & hack. Calo Indoor not only opens a new trend of Fitness App but also kicks off a whole new trend of Game Fi - Burn To Earn. First, Calo Indoor is applied tracking technology to practice through AR, bringing high efficiency, variety of game play and exercise elements, improving experience and better connecting users. To start practicing in game, players ne...

Multiple Revenue Streams make $MNT a Token of the Future

26Aug

By Alphonso BernierNo Comments

Press Release

Multiple Revenue Streams make $MNT a Token of the Future

Following the recently announced public sale of Mr Mint’s $MNT token, a lot of buzz has caught on about the project and what it is doing. The public sale that went LIVE on 1st July 2022 has seen massive sell outs of the token, and also some huge announcements by the team around NFT launches, and a P2E game. The first cryptocurrency project in the world supported by real-world cryptocurrency mining has announced some of its related activities and shares some of its key revenue streams. According to the Mr Mint website, anyone who wants to get involved in the burgeoning mining industry can do so with the $MNT token for as little as $100. This sum comes nowhere close to the upcoming incentives that will be offered to investors in the near future. Mr Mint recently announced that it ...